Franchising is an enterprise organization, which authorizes the service badge to franchisees, so that franchisees can use the image, brand and word-of-mouth of the headquarters to attract consumers to spend in the commercial consumption market. Moreover, before starting a business, franchisees will impart their own experience to franchisees to assist in starting a business and management. Both parties must sign a franchise contract to achieve the cooperation goal of * * * *. However, due to the different nature of joining, the joining headquarters can charge the joining fee, deposit and commission to the joining owners.

The benefits of franchise stores mainly include: brand support, market support, talent support, training support, technical support and so on.

The shortcomings of franchisees mainly include: franchisees are easy to be independent, lack of team spirit, product price system is easy to be confused, and loyalty is easy to be lost.

Tips: The above information is for reference only, and no suggestions are made.

Reply time: 2020- 12-2 1. Please refer to the latest business changes announced by Ping An Bank in official website.

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